Listing provided courtesy of Bellabay Realty LLC- MLS# 26024522
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521 N Spruce StreetVicksburg, MI 49097
Multi-Family · 0.42 Acres$350,000
Active
521 N Spruce Street Overview
- Time on Site:
- 37 days
- Visits:
- 1
Rare Turn-Key Investment Opportunity in Vicksburg! A truly exceptional addition to any portfolio, this property stands as the only 4-unit multi-family building in the entire Vicksburg area. Offering immediate, reliable cash flow, this turn-key investment is being sold with full occupancy already in place. Tenant demand is exceptionally high for this property, largely driven by the highly desirable single-story layout--all four units are entirely on one level, eliminating stairs and appealing to a remarkably broad pool of long-term renters. Situated on a generous lot just north of downtown, tenants enjoy the perfect balance of small-town charm and seamless access to local amenities and major commuter routes. With low vacancy history, solid bones, and predictable overhead, this unique income generator is ready to perform from day one. Schedule your private tour today.
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521 N Spruce Street Facts & Features
- Type Multi-Family
- Lot 0.42 Acres
Details
General
Building Information
- New Construction: No
- Year Built: 1963
Location/Region
- County Or Parish: Kalamazoo
Rent/Lease Information
- Tenant Pays: Electric,Trash,Sewer,Gas
Tax Information
- Tax Annual Amount: 7146.0
General Information
- Parcel Number: 15-18-151-002
- Property Sub Type: 2 to 4 Units
- Property Type: Multi Family
Interior
Beds/Baths
- Bathrooms Total: 0
General Information
Exterior
Lot Information
- Lot Size Acres: 0.42
- Lot Size Area: 0.42
- Lot Size Dimensions: Irregular
- Lot Size Square Feet: 18731.0
- Lot Size Units: Acres
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Vinyl Siding
- Roof: Composition
General Information
- Number Of Units Total: 4
- Sewer: Public Sewer
- Utilities: Phone Available,Natural Gas Available,Electricity Available,Phone Connected,Natural Gas Connected,Electricity Connected
521 N Spruce Street Neighborhood
Community
49097 (Vicksburg) Demographics
42
Median Age
148
Population Density (per sq. mile)
42%
College Educated
$67,219
Estimated Median Income
4,000
Estimated Total Home Owners
579
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.521 N Spruce Street Monthly Cost
521 N Spruce Street Market Data
Based on the last 30 days in this zip code
$395,476
Average List Price
$203
Average Price per Square Foot
17
Properties Sold
77
Average Days on Market
113
Properties for Sale